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Royal Bank of Canada declares dividends

T.RY

TORONTO, Feb. 21, 2020 /CNW/ - Royal Bank of Canada (RY on TSX and NYSE) announced today that its board of directors has declared an increase to its quarterly common share dividend of three cents, or three per cent, to $1.08 per share, payable on and after May 22, 2020, to common shareholders of record at the close of business on April 23, 2020.

RBC (CNW Group/Royal Bank of Canada)

The board also declared dividends for the following Non-Cumulative First Preferred Shares, payable on and after May 22, 2020, to shareholders of record at the close of business on April 23, 2020.

Series W

Dividend No. 61 of

$0.30625 per share.

Series AA

Dividend No. 57 of

$0.278125 per share.

Series AC

Dividend No. 54 of

$0.2875 per share.

Series AE

Dividend No. 53 of

$0.28125 per share.

Series AF

Dividend No. 52 of

$0.278125 per share.

Series AG

Dividend No. 52 of

$0.28125 per share.

Series AZ

Dividend No. 25 of

$0.23125 per share.

Series BB

Dividend No. 24 of

$0.228125 per share.

Series BD

Dividend No. 21 of

$0.225 per share.

Series BF

Dividend No. 20 of

$0.225 per share.

Series BH

Dividend No. 19 of

$0.30625 per share.

Series BI

Dividend No. 19 of

$0.30625 per share.

Series BJ

Dividend No. 18 of

$0.328125 per share.

Series BK

Dividend No. 17 of

$0.34375 per share.

Series BM

Dividend No. 16 of

$0.34375 per share.

Series BO

Dividend No. 6 of

$0.30 per share.

The board also declared a dividend for the following US$ Non-Cumulative First Preferred Shares.

  • Series C-2, Dividend No. 18 of US$16.875 per share (equivalent to US$0.421875 per related depositary share), payable on May 7, 2020, to shareholders of record on April 27, 2020.

SOURCE Royal Bank of Canada

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2020/21/c4499.html

Investor Contact: Shirley Boudreau, Shareholder Relations, 416-955-7806, shirley.boudreau@rbc.com; Media Contact: Marie McGee, Corporate Communications, 416-974-2789, maria.mcgee@rbc.comCopyright CNW Group 2020



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